Which of the Following Pay Level Models Is Appropriate for a Company

question 85

Multiple Choice

Which of the following pay level models is appropriate for a company if market pressures or labor supply-and-demand pressures greatly impact the company?

• A) Broadbanding
• B) Delayering and banding
• C) Pay grading system
• D) Management fit model
• E) Going rate model

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Definitions:

Technology-Based Forum

An online platform or website that uses digital technologies to enable users to post discussions, share information, and communicate with each other on various topics.

Buyers

Individuals or organizations that purchase goods or services for personal use, resale, or use in production.

Team Selling

A collaborative approach to sales where multiple individuals work together to close deals, often used in complex or high-value sales processes.

Servicing Major Customers

The process or strategy of providing support and maintaining relationships with key or large volume clients to ensure customer satisfaction and loyalty.